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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…

Benko family trust files for insolvency after USD 1 billion arbitration order linked to Signa collapse

A family trust associated with Austrian real estate developer Rene Benko has filed for insolvency after arbitration rulings required it to pay nearly USD 1 billion to companies linked to Abu Dhabi’s sovereign wealth fund Mubadala Investment Company. The filing was made with a court in Innsbruck, which confirmed that insolvency proceedings have been opened.…

The 2026 Lawdragon 500 Leading Global Bankruptcy & Restructuring Lawyers

Anne Marie Aaronson Dilworth Paxson Philadelphia Business Litigation, esp. Bankruptcy & Reorganization Derek C. Abbott Morris Nichols Wilmington, Del. Bankruptcy & Reorganization, esp. Litigation Jonathan E. Aberman Troutman Pepper Locke Chicago Bankruptcy, Restructuring & Litigation Jacob A. Adlerstein Paul Weiss New York Bankruptcy & Corporate Restructuring David A. Agay McDonald Hopkins Chicago Business Restructuring Rachel…

Winding up order made for Twisted Bars (Ilkley) Ltd

Twisted Bars (Ilkley) Ltd runs The Ticket Office, a stylish venue in the Victorian train station specialising in high-end cocktails, craft ales, and wines and The Yard at the rear of Brook Street, a bar and kitchen featuring an orangery, live music, DJ sets, and a south-facing terrace. The Yard, Ilkley (Image: submitted) Founded by…

“A bankruptcy every 20 minutes” What’s really behind the shocking new figures

Why is it hitting the middle class particularly hard? Micro-enterprises with up to ten employees account for the largest share of insolvencies. In this segment, around 19,500 companies filed for insolvency, representing 81.6 percent of all cases. Small and medium-sized enterprises (SMEs) have fewer financial reserves to weather prolonged periods of hardship. The combination of…